Develop an import strategy
Handled well, importing can make a significant contribution to success in business. For some, using overseas suppliers is a key part of controlling costs. Others have built their whole business on the unique products importing allows them to provide.
An effective import strategy must take into account all the factors you would consider in any form of purchasing. At the same time, you need to plan how you will deal with extra challenges, such as dealing with long delivery times and the financing burden this can impose.
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